Bell, in collaboration with
Kinaxis, integrates finance, programs and operations into one plan
to reduce lead times and take advantage of new business
opportunities
OTTAWA, ON, June 21, 2021
/CNW/ - Kinaxis® Inc. (TSX: KXS), the authority in driving
agility for fast, confident decision-making in an unpredictable
world, and Bell, an 85-year global
manufacturer of military and commercial vertical-lift aircrafts,
have been selected by Supply & Demand Chain
Executive, the only publication covering the entire global
supply chain, as a recipient of the Top Supply Chain Projects Award
for 2021.
Headquartered in Fort Worth,
Texas, Bell has employees
in 90 countries and offers breakthrough innovations and exceptional
experiences to customers from 120 countries. As the only helicopter
Original Equipment Manufacturer (OEM) in Canada, Bell
celebrates 35 years of building aircraft that are truly
Canadian.
Bell wanted to eliminate their
manual, spreadsheet-centric process to manage its extremely complex
aerospace and defense supply chain in favor of a solution that
allowed them to monitor and respond to changes in real time and
improve its S&OP process. The company selected the Kinaxis
RapidResponse® platform and concurrent planning to boost the speed
and efficiency of their processes and provide better information
for planning decisions. Bell
utilized the supply, demand and S&OP planning capabilities
within the platform and leveraged the expertise of the Kinaxis
professional services team to deploy.
"Since implementing Kinaxis and RapidResponse, we have
streamlined our planning processes, gained deeper insight into our
supply chain, and improved the agility of our business," said
Michael Loeffler, Vice President,
Materials Management, Bell. "With
powerful planning tools and richer information, we have improved
the pace and quality of our decision-making."
With Kinaxis, Bell's S&OP
process tasks have moved into RapidResponse, simplifying the
aggregation of data and the collaboration around scenario analysis.
The increase in speed has allowed them to shift from a bi-annual
S&OP process to a monthly cadence, increasing forecast
accuracy, decreasing latency in planning, reducing lead times, and
enhancing overall agility.
"This past year has proven that historical planning approaches
are inadequate against the challenges companies face. What is
needed is built-in supply chain agility to help tackle any problem
in the moment and take advantage of new opportunities," said
John Sicard, Chief Executive
Officer, Kinaxis. "It is an honor to work with Bell to help them build resiliency and
transparency in their supply chain. We are proud to be recognized
alongside them by Supply & Demand Chain Executive."
The Top Supply Chain Projects (formerly known as SDCE 100)
spotlights successful and innovative transformation projects that
deliver bottom-line value to small, medium and large enterprises
across a range of supply chain functions. These projects show
how supply chain solution and service providers help their
customers and clients achieve supply chain excellence and prepare
their supply chains for success.
"The supply chain industry has been challenged with a host of
supply chain disruptions over the last year. Yet, the winners on
this list continued to re-tool and innovate," says Marina Mayer, editor for Supply & Demand
Chain Executive and Food Logistics. "Whether it be
moving a customer to a cloud-based solution or implementing a more
sustainable shipping option, these top supply chain projects
reflect the supply chain industry's strength and resilience to
overcome disruptions and work better, smarter and more efficiently
in the years ahead."
Go to www.sdcexec.com to view the full list of all 2021 Top
Supply Chain Projects winners.
Learn more about the Bell
project.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the only supply chain
publication covering the entire global supply chain, focusing on
trucking, warehousing, packaging, procurement, risk management,
professional development and more. Go to www.SDCExec.com.
About Kinaxis Inc.
Everyday volatility and
uncertainty demand quick action. Kinaxis® delivers the agility to
make fast, confident decisions across integrated business planning
and the digital supply chain. People can plan better, live better
and change the world. Trusted by innovative brands, we combine
human intelligence with AI and concurrent planning to help
companies plan for any future, monitor risks and opportunities and
respond at the pace of change. Powered by an extensible,
cloud-based platform, Kinaxis delivers industry-proven applications
so everyone can know sooner, act faster and remove waste. For more
Kinaxis news, visit Kinaxis.com or follow us on LinkedIn or
Twitter.
About Bell
Thinking
above and beyond is what we do. For more than 85 years, we've
been reimagining the experience of flight – and where it can take
us.
We are pioneers. We were the first to break the sound barrier and
to certify a commercial helicopter. We were aboard NASA's first
lunar mission and brought advanced tiltrotor systems to market.
Today, we're defining the future of advanced air mobility.
Headquartered in Fort Worth, Texas
– as a wholly-owned subsidiary of Textron Inc., – we have strategic
locations around the globe. And with nearly one quarter of our
workforce having served, helping our military achieve their
missions is a passion of ours.
Above all, our breakthrough innovations deliver exceptional
experiences to our customers. Efficiently. Reliably. And always,
with safety at the forefront
Forward-Looking Statements
Certain statements in this
release constitute forward-looking statements within the meaning of
applicable securities laws. Forward-looking statements include
statements as to Kinaxis' growth opportunities and the potential
benefits of, and demand for, Kinaxis' products and services. These
statements are subject to certain assumptions, risks and
uncertainties, including our view of the relative position of
Kinaxis' products and services compared to competitive offerings in
the industry. Readers are cautioned not to place undue reliance on
such statements. Kinaxis' actual results, performance, achievements
and developments may differ materially from the results,
performance, achievements or developments expressed or implied by
such statements. Risk factors that may cause the actual results,
performance, achievements or developments of Kinaxis to differ
materially from the results, performance, achievements or
developments expressed or implied by such statements can be found
in the public documents filed by Kinaxis with Canadian securities
regulatory authorities. Kinaxis assumes no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as expressly
required by law.
SOURCE Kinaxis Inc.